Company profile
Note: ECN Swiss's official website - https://www.ecnswiss.com/ is currently inaccessible normally.ECN Swiss Review SummaryFounded/Registered Country/RegionGermanyRegulationNot regulatedMarket InstrumentsCFDs on currency pairs, indices, metals, commodities and stocksDemo Account/LeverageUp to 1:500SpreadFrom 1 pip (Bronze account)Trading PlatformMT4, MT5Min Deposit$500Customer SupportEmail: support@ecnswiss.com ECN Swiss is an unregulated broker, providing CFD trading on currency pairs, indices, metals, commodities and stocks with leverage up to 1:500 and spread from 1 pip on the Bronze account via the MT4 and MT5 platforms. The minimum deposit requirement to open a live account is as high as 500 USD.Pros and ConsPros Cons Various trading assetsUnavailable websiteMultiple account typesNot regulatedCommission-free accounts offeredHigh minimum depositMT4/5 platformOnly email supportPopular payment optionsIs ECN Swiss Legit? No, ECN Swiss is not regulated. The Spanish financial watchdog (the CNMV), has blacklisted it as a potential scammer. Besides, the Spanish CONSOB also issues a warning of it. Please be aware of the risk!What Can I Trade on ECN Swiss?Tradable Instruments Supported CFDs✔Currency pairs✔Indices ✔Metals ✔Commodities ✔Stocks ✔Cryptocurrencies❌Bonds❌Options ❌ETFs❌Account TypeAccount TypeMin DepositBronze$500Gold$10,000Platinum$20,000Leverage ECN Swiss allows its clients to use leverage of up to 1:500, higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.Account TypeMax LeverageBronze1:500Gold1:400Platinum1:300 Since leverage can magnify gains as well as losses, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.Spread and CommissionAccount TypeSpreadCommissionBronzeFrom 1 pip❌GoldFixed❌PlatinumFrom 0.0 pips✔Trading PlatformTrading PlatformSupported Available Devices Suitable for MT4✔Web, Desktop, MobileBeginnersMT5✔Web, Desktop, MobileExperienced tradersDeposit and Withdrawal ECN Swiss accepts deposit and withdrawal via Visa, MasterCard, bank wire and WebMoney.
Is ECN Swiss safe or scam
FX1478004820
Tunisia
I've tried trading with ECN Swiss before and it was mostly good, but man, the withdrawals were a real pain. I had to wait for what felt like ages to get my money after submitting a withdrawal request. Honestly, the waiting game was quite nerve-wracking. Finally, I did receive my money, but I really hope they improve this issue and speed up the whole withdrawal process. It's just not cool to keep people hanging like that.
37130
2023-04-23